Canbank Factors Limited, a subsidiary of Canara Bank, on Saturday went global by introducing export factoring. R J Kamath, chairman and managing director of Canara Bank and chairman of CANBANK Factors Limited, launched the export factoring activity and handed over the prepayment cheque to their first client, M/s Markwel Hose Industries Pvt Ltd at a function held at Canara Bank head office at Bangalore. On the domestic factoring front, the company achieved a turnover of about Rs 400 crore for the half year ended September 30, 2000. It hoped to achieve a turnover of around Rs 1,000 crore for the fiscal 2000-2001, the release said. Bureau Report